As Seen In... Forbes November 24th, 2014
New Strategies Provide Financial Peace of Mind for Retirement
Managed Asset Companies
Since the start of the prolonged economic downturn that began in 2007-08, savvy investors, especially retirees and those nearing retirement, have been abandoning the traditional “buy and hold” philosophy. Instead, they and other conservative investors are looking for strategies that focus on wealth preservation.
“While the last recession was historic in its duration, they have always been a part of the business cycle. We’ve had 22 recessions since 1900. On average, that’s one every 5 years,” reports Norman Johnson, a 38-year veteran of the financial services industry and the founder and president of Managed Asset Companies in Newport Beach, California. “The question is not whether the market will experience another crisis, but when? … And how soon? … And how you will plan for it? How many times can you weather a 20-50 percent loss in the market?”
The punishingly high volatility of the global marketplace and demographics – 10,000 Baby Boomers are retiring every day and may expect to live another 25 years after retirement – have made principal protection the No. 1 priority for Johnson and his team. “I can’t sleep well at night if our clients don’t. So we take Warren Buffet’s tenet seriously
‘Rule No.1 – Never lose money. Rule No.2 – Never forget rule No.1,’” says Johnson, a Registered Financial Consultant.
To help clients achieve the greatest degree of predictability possible, Johnson’s team carefully follows an investment philosophy that marries safe and secure insurance solutions with low risk, low volatility investing through active management of portfolios by money managers with strong track records.
You’ve Built Your Wealth.
Are You Prepared to Spend It?
Beyond simply building and protecting a nest egg, Managed Asset Companies helps clients preserve wealth throughout retirement. “A disciplined, tax-efficient withdrawal strategy is vital to reducing the likelihood of outliving your assets,” advises Johnson. “I compare the process to scaling Mt. Everest. Too many climbers meticulously plan the ascent but inadequately prepare for the descent where 85 percent of the deaths occur. Without proper planning past the accumulation phase (ascent) to include distributions and lifetime income (descent), retirees could be left out in the cold financially.”
Founded more than two decades ago, Managed Asset Companies includes Managed Asset Wealth Management LLC, a Registered Investment Advisory (RIA) firm. They, and their recommended money managers, have a fiduciary responsibility to place investors’ interests ahead of their own. Clients never pay sales fees.
“Platitudes such as ‘stay the course’ and ‘buy and hold’ are simply no longer a viable retirement investing strategy. We are committed to helping create retirement peace of mind through a combination of safe & secure and low risk, low volatility investing with active management,” says Johnson.